In desperate need of a car, I just can't afford payments period, I do have a job, actually two jobs, but still isn't enough for a car payment plus INS.
Great advice, I usually try to pay my bill right away, but I tend to forget... I'm thinking to use a software I read that some have reminders, and you can set up recurrent billing. It might worth the try!
If they were a high school graduate, I would tell them to look at going into something that pays well, will have a lot of options, and can't be outsourced. The whole "do what you love, and the money will follow" quote is a bunch of crap! It should say "if you do what you love, be happy being poor"! Also, take out as few student loans as possible, pay any off a quickly as possible, and still look and try for scholarships all the way through school. Internships are great and getting an associates degree that you can go to work with right away with, and build up into a BA/BS (and further) is great, too. You never know when life might make you have to stop your education and work, so having a usable degree in 2 years is good. Remember everybody starts at the bottom, works up, and never be "above" or "too good" to do a job.
I would tell them to get an internship in a field you are interested in. Don't worry about salary, just try to learn as much as possible and get contacts/connections.
I would recommend to a new grad that they keep their private life private at work (no Facebook or cell phones during company time), to display a strong work ethic and try to find a living situation where they are able to live comfortably and still have some money for fun and some money for savings.
pleaaaaaaaaaaaaaaaaase can someone save me and tell me how you hack the sony dvp-sr760h player? I can't read my dvds and most of them are zone 1.
i have been searching everywhere and nothing.
I would stress on integrity. As a banker, I see some colleagues with zero integrity. It scares me. It almost seems like honesty and good values are "old fashioned" virtues. No job in my organization is rocket science. Anyone with average intelligence can pick up the work with some diligence. But integrity is most important. Once we are willing to compromise on that, then our careers take a downward spiral. People with shallow values might see short term success and gains, which can be intoxicating. But in the long term, their lack of a moral compass will surely come to trip them up.
Live way below your means so you can start saving money, and get a job in your desired career path asap (don't hang around retail or something when you now have a degree that you worked hard for and is worth something).
Always buy used cars never brand new cars! Use the savings to pay down student loans! You will also save a little money with cheaper car insurance! WIN WIN WIN!
I would tell a new grad that their first job isn't going to be their dream job, but they need to try things to get experience and to learn what they do like in a job. Each subsequent job they hold will be closer to their dream job.
Keep your expectations low in the beginning. It may take many decades to find the job that is your passion.In the meantime, you are collecting experience and wisdom. Enjoy the time you have while you are young to be young.
For high school grads get involved in your community or if going on to college get involved in extracurricularss there too! This is the best way to network and make connections once you graduate in order to land jobs in the future. Connect with as many people as you can!
This idea has worked far better for us than mingling all the funds. We use Capital ONe 360 for our online accounts as it allows you to nickname a good number of various accounts. We have an emergency fund. Make that 2, actually- one at a credit union for quick access if needed, and one in an online account that has a 'better' interest rate but takes a few days to access. We have a credit card that should cover things if needed while we transfer that money. We also have separate savings for vacation, unexpected medical/vet bills, our next cars/major car repairs, household repairs, and our childrens' 8th grade Washington DC trips (expected to cost about $1500 each). The number of online accounts we have might seem overwhelming to some, but it keeps us organized and gives us an accurate picture of where we stand at a glance. Oh, and I'm not even counting the savings account at our bank where I park our money each year for firewood and heating oil. Yes, I DO love our multiple savings accounts!
In desperate need of a car, I just can't afford payments period, I do have a job, actually two jobs, but still isn't enough for a car payment plus INS.
Great advice, I usually try to pay my bill right away, but I tend to forget... I'm thinking to use a software I read that some have reminders, and you can set up recurrent billing. It might worth the try!
If they were a high school graduate, I would tell them to look at going into something that pays well, will have a lot of options, and can't be outsourced. The whole "do what you love, and the money will follow" quote is a bunch of crap! It should say "if you do what you love, be happy being poor"! Also, take out as few student loans as possible, pay any off a quickly as possible, and still look and try for scholarships all the way through school. Internships are great and getting an associates degree that you can go to work with right away with, and build up into a BA/BS (and further) is great, too. You never know when life might make you have to stop your education and work, so having a usable degree in 2 years is good. Remember everybody starts at the bottom, works up, and never be "above" or "too good" to do a job.
My advice would be to refrain from increasing your cost of living. Live like a college student until you have paid off ALL debt.
find your passion(s) but be ready for the off chance that you can't make money from them
Make sure to save money for traveling. My biggest regret is not traveling more when I was in my 20s!
What a fantastic article to share!! Great timeline and planning!
I would tell them to get an internship in a field you are interested in. Don't worry about salary, just try to learn as much as possible and get contacts/connections.
I would recommend to a new grad that they keep their private life private at work (no Facebook or cell phones during company time), to display a strong work ethic and try to find a living situation where they are able to live comfortably and still have some money for fun and some money for savings.
hello,
pleaaaaaaaaaaaaaaaaase can someone save me and tell me how you hack the sony dvp-sr760h player? I can't read my dvds and most of them are zone 1.
i have been searching everywhere and nothing.
Good read!
Peanut butter, jelly, black beans and a few drops of hot sauce.
In my area (DFW), the YMCA is more expensive than some of the chain gyms. It's $40 for a single adult membership.
Spend less than you earn.
I would stress on integrity. As a banker, I see some colleagues with zero integrity. It scares me. It almost seems like honesty and good values are "old fashioned" virtues. No job in my organization is rocket science. Anyone with average intelligence can pick up the work with some diligence. But integrity is most important. Once we are willing to compromise on that, then our careers take a downward spiral. People with shallow values might see short term success and gains, which can be intoxicating. But in the long term, their lack of a moral compass will surely come to trip them up.
Live way below your means so you can start saving money, and get a job in your desired career path asap (don't hang around retail or something when you now have a degree that you worked hard for and is worth something).
Be resilient and persistent, and never fear failure. Many of the world's most successful people got there failing step by step until they arrived.
Always buy used cars never brand new cars! Use the savings to pay down student loans! You will also save a little money with cheaper car insurance! WIN WIN WIN!
Live with roommates. Live cheap. Go out a lot. Travel. Start saving. Pay cash. Take on zero debt. Sleep around within reason.
Start putting money away for retirement as soon as possible, thinks of the years it will have to build.
Invest early and often
I would tell a new grad that their first job isn't going to be their dream job, but they need to try things to get experience and to learn what they do like in a job. Each subsequent job they hold will be closer to their dream job.
Keep your expectations low in the beginning. It may take many decades to find the job that is your passion.In the meantime, you are collecting experience and wisdom. Enjoy the time you have while you are young to be young.
For high school grads get involved in your community or if going on to college get involved in extracurricularss there too! This is the best way to network and make connections once you graduate in order to land jobs in the future. Connect with as many people as you can!
This idea has worked far better for us than mingling all the funds. We use Capital ONe 360 for our online accounts as it allows you to nickname a good number of various accounts. We have an emergency fund. Make that 2, actually- one at a credit union for quick access if needed, and one in an online account that has a 'better' interest rate but takes a few days to access. We have a credit card that should cover things if needed while we transfer that money. We also have separate savings for vacation, unexpected medical/vet bills, our next cars/major car repairs, household repairs, and our childrens' 8th grade Washington DC trips (expected to cost about $1500 each). The number of online accounts we have might seem overwhelming to some, but it keeps us organized and gives us an accurate picture of where we stand at a glance. Oh, and I'm not even counting the savings account at our bank where I park our money each year for firewood and heating oil. Yes, I DO love our multiple savings accounts!